Hyman Minsky Quotes

Who on Earth is Hyman Minsky?

Hyman Philip Minsky was an American economist and professor at Washington University.

Born September 23, 1919
Died October 24, 1996

Best Quotes by Hyman Minsky

“Stability leads to instability. The more stable things become and the longer things are stable, the more unstable they will be when the crisis hits.”

Hyman Minsky

“Unless we understand what it is that leads to economic and financial instability, we cannot prescribe – make policy – to modify or eliminate it. Identifying a phenomenon is not enough; we need a theory that makes instability a normal result in our economy and gives us handles to control it.”

Hyman Minsky

Stabilizing an Unstable Economy Quotes

“Success breeds a disregard of the possibility of failure.”

Hyman Minsky
Stabilizing an Unstable Economy